We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Lycos posts £8 million profit

Positive three months for Net portal

It's not all doom and gloom in the New Economy.

Lycos is reporting strong results for its fiscal fourth quarter, which ended 31 July.

In a statement, the company said net profit for the quarter was £8 million, excluding one-off events.

For the same period last year, the company posted a net loss of £2 million.

The company said that its planned merger with Terra Networks SA, the Internet subsidiary of Spain's Telefónica SA, should be completed in October.


IDG UK Sites

Acer Aspire R11 review: Hands-on with the 360 laptop and tablet convertible

IDG UK Sites

Apple Watch release day: Twitter reacts

IDG UK Sites

See how Framestore created a shape-shifting, oil and metal based creature for Shell

IDG UK Sites

Apple Watch buying guide, price list & where to buy today: Which Apple Watch model, size, material,?......